REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Inclusivity Solutions, a Cape Town, South Africa-based company that designs, builds, operates and innovates digital insurance solutions, secured an additional US$ 1.3m in its second tranche of its Series A round, bringing the total Series A round to US$2.6m.
Jumo, a technology company building next-generation financial services for emerging market entrepreneurs, raised US$55m in debt and equity funding.
GoDaddy Inc. (NYSE: GDDY) is to acquire Over, a Cape Town, South Africa-based provider of an app that helps entrepreneurs and small businesses grow their brands by creating visual content for any platform online.
Nomanini, a Cape Town, South Africa-based fintech platform for the informal retail ecosystem, raised $4m in funding.
Lulalend, a Cape Town, South Africa-based online automated provider of short-term funding for small and medium enterprises (SMEs), raised $6.5m in Series A financing.
Travelstart is to acquire travel agency Club Travel Group.
Travelstart, a Cape Town, South Africa- and Dubai, UAE-based online travel company, received an investment from HarbourVest.
Centbee, a Johannesburg, South Africa-based Bitcoin company, closed its £1m Series A funding round.
Ecentric Payment Systems, a South Africa based payment processor, received a strategic investment from FSS (Financial Software and Systems), a global payments technology company.
Coindirect, a Douglas, Isle of Man-based global cryptocurrency platform, raised €1m funding.
Snapt, Inc., an Atlanta, Georgia-based application delivery controller (ADC) company, raised $3m in series A funding.
Jumo, a Cape Town, South Africa-based-based fintech company, secured $52m in funding.
Yoco, a Johannesburg, South Africa-based Point of Sale payments provider, raised US$16M in Series B funding.
Higher Ed Partners South Africa, a Johannesburg, South Africa-based online education company, secured an undisclosed funding.
Centbee, a Johannesburg, South Africa-based Bitcoin wallet and merchant payment ecosystem, raised an equity funding from nChain, a blockchain research and development firm.